Chubu Electric Power Co., Inc., commonly known as Chubu Electric, is a leading energy provider headquartered in Nagoya, Japan. Established in 1951, the company has grown to become a pivotal player in the Japanese electric power industry, primarily serving the Chubu region, which encompasses Aichi, Gifu, and Mie prefectures. Chubu Electric focuses on the generation, transmission, and distribution of electricity, with a diverse portfolio that includes thermal, hydroelectric, and renewable energy sources. The company is recognised for its commitment to innovation and sustainability, positioning itself as a key contributor to Japan's energy transition. Notable achievements include advancements in smart grid technology and a strong emphasis on reducing carbon emissions, solidifying its market position as a forward-thinking utility provider.
How does Chubu Electric Power's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Chubu Electric Power's score of 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Chubu Electric Power, headquartered in Japan (JP), reported significant carbon emissions totalling approximately 260,000,000 kg CO2e for Scope 1 and about 3,050,000,000 kg CO2e for Scope 2 emissions. The company also disclosed Scope 3 emissions amounting to around 55,640,000,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Chubu Electric Power has set ambitious climate commitments, aiming for a 30% reduction in both Scope 1 and Scope 2 emissions from a 2020 baseline by 2030. Additionally, the company plans to achieve a ratio of 44% non-fossil fuel power sources by FY2030, which is a critical component of its long-term strategy to transition towards more sustainable energy sources. The emissions data is sourced directly from Chubu Electric Power Company, Incorporated, with no cascading from a parent organization. The company is actively working towards its climate goals, demonstrating a commitment to reducing its carbon footprint and enhancing its sustainability practices in the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 56,400,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | - | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | 10,540,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Chubu Electric Power is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.